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Cisco Completes Lightwire Buy
San Jose-based
Cisco
has completed its acquisition of
Lightwire
, the developer of optical interconnects for the networking industry, the firm said earlier this week. The deal was worth $271M in cash plus retention for Lightwire, which had been headquartered in Allentown, Pennsylvania. Lightwire becomes part of Cisco's Transceiver Modulkes Group Business Unit and Supply Chain Operations Group.
posted on Thursday, March 22, 2012
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